Germany released its IFO business climate for the month of August coming in at 90.5, better than the prior 87.3 which got revised to 87.4 and the predicted 89.0, whereas IFO current assessment came in at 86.1, higher than the estimated 86.0 and the preceding reading of 84.3 revised to 84.4. Also, IFO expectations climbed to 95.0 from the previous 90.4 and compared with the projected 92.0.